William D. Ford Federal Direct Loan Program

Office of Financial Aid

No interest while a student is registered for six or more credit hours

Interest and repayment begin once a student drops below six credit hours

ApplicationThe student must complete the Free Application for Federal Student Aid (FAFSA) to
be considered for Federal Direct Loans. The FAFSA can be completed at Apply for Financial Aid. Be sure to include the Defiance College school code, 003041.

Students that have not previously borrowed Federal Direct Loans will also need to
complete Entrance Loan Counseling. The Counseling session covers information on your
rights and responsibilities as a student loan borrower. This must be complete before
loan funds can be disbursed. Complete online at Applying for a Direct Loan/Information.

Also, if you are a first-time student at Defiance College, you will need to complete
a Master Promissory Note (MPN). Loan funds will not be disbursed until you complete
the MPN. The MPN will require your PIN and two references. Complete online at Applying for a Direct Loan/Information.

A student’s class rank determines the amount that may be borrowed. Learn More...